IRIS Accounts Production v23.3.1.45 07265458 director 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072654582022-05-31072654582023-05-31072654582022-06-012023-05-31072654582021-05-31072654582021-06-012022-05-31072654582022-05-3107265458ns10:Originalns15:EnglandWales2022-06-012023-05-3107265458ns14:PoundSterlingns10:Original2022-06-012023-05-3107265458ns10:Originalns10:Director12022-06-012023-05-3107265458ns10:Original2022-06-012023-05-3107265458ns10:Original2023-05-3107265458ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3107265458ns10:Originalns10:SmallEntities2022-06-012023-05-3107265458ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3107265458ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3107265458ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3107265458ns10:Originalns10:FullAccounts2022-06-012023-05-3107265458ns10:Originalns10:RegisteredOffice2022-06-012023-05-3107265458ns10:Original2022-05-3107265458ns10:Originalns5:CurrentFinancialInstruments2023-05-3107265458ns10:Originalns5:CurrentFinancialInstruments2022-05-3107265458ns5:ShareCapitalns10:Original2023-05-3107265458ns5:ShareCapitalns10:Original2022-05-3107265458ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3107265458ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3107265458ns10:Originalns5:ComputerEquipment2022-06-012023-05-3107265458ns10:Original2021-06-012022-05-3107265458ns10:Originalns5:ComputerEquipment2022-05-3107265458ns10:Originalns5:ComputerEquipment2023-05-3107265458ns10:Originalns5:ComputerEquipment2022-05-3107265458ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3107265458ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: 07265458 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

SAI IMAGING LIMITED

SAI IMAGING LIMITED (REGISTERED NUMBER: 07265458)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SAI IMAGING LIMITED

COMPANY INFORMATION
for the year ended 31 May 2023







DIRECTOR: Dr S Rai





REGISTERED OFFICE: 1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB





REGISTERED NUMBER: 07265458 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

SAI IMAGING LIMITED (REGISTERED NUMBER: 07265458)

BALANCE SHEET
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,872 513

CURRENT ASSETS
Debtors 5 9,660 11,131
Cash at bank 499,015 459,920
508,675 471,051
CREDITORS
Amounts falling due within one year 6 83,313 112,157
NET CURRENT ASSETS 425,362 358,894
TOTAL ASSETS LESS CURRENT
LIABILITIES

428,234

359,407

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 428,232 359,405
SHAREHOLDERS' FUNDS 428,234 359,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 February 2024 and were signed by:





Dr S Rai - Director


SAI IMAGING LIMITED (REGISTERED NUMBER: 07265458)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2023

1. STATUTORY INFORMATION

Sai Imaging Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2022 7,411
Additions 3,924
At 31 May 2023 11,335
DEPRECIATION
At 1 June 2022 6,898
Charge for year 1,565
At 31 May 2023 8,463
NET BOOK VALUE
At 31 May 2023 2,872
At 31 May 2022 513

SAI IMAGING LIMITED (REGISTERED NUMBER: 07265458)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by associates - 1,471
Other debtors 9,660 9,660
9,660 11,131

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,200 1,200
Tax 15,848 13,128
Other creditors 1,083 -
Directors' loan accounts 63,261 95,954
Accrued expenses 1,921 1,875
83,313 112,157